Al-Ghazi Tractors Ltd. announced Financial Results for the half year ended June 30, 2017.
The company’s Sales for the period increased by 50 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 62 percent.
The company issued an interim dividend for the half year ended June 30, 2017 @ Rs 25 per share i.e. 500%. This is in addition to interim dividend already paid for first quarter ended March 31, 2017.
Comparison of Key Financials:
Financial Results – For the half Year Ended |
|||
Key Financials |
2017 |
2016 |
% Change |
Sales |
9,517,817 |
6,352,443 |
50% |
CoGS |
6,739,957 |
4,636,246 |
45% |
Gross Profit |
2,777,860 |
1,716,197 |
62% |
Finance Cost |
386 |
180 |
114% |
Profit before Taxation |
2,421,788 |
1,526,653 |
59% |
Taxation |
827,567 |
541,680 |
53% |
Profit after Taxation |
1,594,221 |
984,973 |
62% |
EPS – basic and diluted |
27.50 |
16.99 |
62% |
The complete statements can be accessed here.